41 E. University Avenue, Champaign, IL, 61820

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$3,850,000
29 Days On Site

41 E. University Avenue
Champaign, IL 61820

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
17,609
SqFt
$219
/SqFt
1913
Built
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of WARD & ASSOCIATES

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41 E. University Avenue41 E. University Avenue41 E. University Avenue41 E. University Avenue
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Historic Illinois Traction Building in the heart of Downtown Champaign offers high visibility and high traffic count. Built in 1913, the building was designed by architect Joseph Royer in the Contemporary Commercial Style featuring large windows on all sides allowing for natural light and city views! The building originally housed the railway's offices and served as the Champaign interurban station until 1936. It later housed the offices of the Illinois Power Company, which descended from the Illinois Traction System. The building was added to the National Register of Historic Places in 2006. This property is a rare offering for a stand alone building with its perfect blend of retail, residential, and office space plus off street parking. The West side has outdoor paved space currently being utilized for off street parking however with its in-place access to the 1st floor of the building this space could be transformed into outdoor patio and/or dining areas. With the high traffic of University Avenue an outdoor patio/dining space can show off your business and increase customer awareness. Across Market street to the east is the Illinois Terminal hub which is a consolidated terminal hosting a major transfer point for local mass transit service, inter-city bus service, and Amtrak passenger service. This location also provides easy access to the University of Illinois with over 55,000 students. Downtown Champaign offers a variety of sought out restaurants, microbreweries, and pubs plus a vibrant cultural and arts scene. Throughout Downtown you will find mixed use properties and multi-family developments creating a significant residential population that combines with a strong daytime employment creating a strong customer and client base for any business.

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Listing Snapshot
Price 
$3,850,000
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,609 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1913
MLS® Number 
12212107
Status 
Active
Property Tax 
$33,098
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoStatus changed to Active
4 weeks agoListing first seen on site
General Features
Additional Property Use 
CommercialOffice
Foundation 
Brick/MortarConcrete Perimeter
Number Of Stories 
3
Property Sub Type 
Mixed Use
SqFt Total 
17609
Water Source 
Public
Zoning 
COMMR
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
Flooring 
CarpetConcreteTileVariesVinylWood
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Exterior Features
Construction Details 
BrickStoneConcreteSteel Siding
Frontage 
Other
Roof 
MembraneRubber
Community Features
MLS Area 
Champaign, Savoy
Township 
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of WARD & ASSOCIATES



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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